SOUTH WEST ENTERPRISE LIMITED

At an Extraordinary General Meeting of the above-named Company convened and held at the offices of Bond Pearce, Ballard House, West Hoe Road, Plymouth PL1 3AE, on 1st February 1999 at 10 a.m. the following Resolutions were passed as an Extraordinary Resolution and Ordinary Resolutions respectively: “That the Company be wound up voluntarily and that Giles Richard Frampton, of Richard J Smith & Co., 53 Fore Street, Ivybridge, Devon PL21 9AE be and is hereby appointed Liquidator for the purpose of such winding-up, that the Liqudiator be empowered to pay any class of Creditor in full, that the Liquidator be empowered to compromise any debt owing to the Company or any claim against the Company and that the Liquidator be paid his normal time costs. The fee is not to exceed £3,000 (excluding VAT) without the approval of Members. In addition, the Liquidator be entitled to draw funds to cover his disbursements. P. Davies, Chairman.